Final pay settlement

Final pay settlement: what it includes and how it's calculated.

When an employment relationship ends, a final pay settlement is due. We walk you through each component so you know what to look for and what to ask your accountant.

Informational content. · Days worked, pro-rata SAC and unused vacation pay · Severance when applicable · Not a replacement for your accountant

What it includes

The components of a final pay settlement

When an employment relationship ends, pending items for the period are settled and, depending on how it ends, other termination-specific items are added.

Days worked in the last month

The days actually worked in the month the relationship ends are paid, in proportion to the days in that period.

Pro-rata SAC

The SAC (13th-month pay) for the current half-year is paid in proportion to the time worked in that half-year, even if the usual payment date hasn't arrived yet.

Unused vacation

If vacation days remain untaken, they're paid out in proportion to the fraction of the year worked, together with the rest of the settlement.

Severance, if it's an unjustified dismissal

When the relationship ends in an unjustified dismissal, seniority severance (art. 245), unpaid notice and the month's integration are added. Estimate your seniority severance →

How it's calculated

Each component has its own calculation logic

This page is informational and explains the components of a final pay settlement; it does not calculate amounts and does not replace advice from your accountant or a labor lawyer. The final amount depends on the collective agreement, the salary and the termination date.

  • Pro-rata SAC is calculated relative to the time worked within the current half-year, not as a full 13th-month payment.
  • Unused vacation is paid in proportion to the fraction of the year worked, based on the days the employee would have been entitled to.
  • Days from the last month are paid in proportion to the days actually worked in that period.
  • The exact amount of each item depends on the applicable collective agreement, the best salary, and the exact termination date — so there's no single result for every case.
How XNómina helps

Data in order to build the settlement with your accountant

XNómina settles every period by collective agreement and keeps the calculation snapshot behind every approved settlement. At termination time, you have the best salary, seniority and each period's items on hand — all organized to build the final pay settlement together with your accounting firm.

  • Every period's settlement calculated by collective agreement (CCT).
  • Per-settlement calculation snapshot, to reconstruct the best salary.
  • Seniority and historical items available at termination time.
  • Digitally signed payslips, ready to attach to the final settlement.
Frequently asked

What people usually ask about final pay settlements

What does a final pay settlement include?
A final pay settlement groups the days worked in the last month, the pro-rata SAC (13th-month pay) for the current half-year, and pro-rata unused vacation pay. If the relationship ends in an unjustified dismissal, severance for seniority, unpaid notice and the month's integration are also added.
What is pro-rata SAC?
It's the portion of the SAC (Argentina's 13th-month pay) that corresponds to the time worked in the current half-year at the time of termination, calculated in proportion to the days worked within that half-year.
Is unused vacation paid out?
Yes. If the employee didn't take all the vacation days they were entitled to, they're paid out in the final settlement in proportion to the fraction of the year worked.
Does the final settlement include severance?
Only if the relationship ends in an unjustified dismissal. In that case, severance for seniority (art. 245), unpaid notice and the month's integration are added to the settlement's items.
Can I know the exact amount of my settlement?
The exact amount depends on the applicable collective agreement, the best salary of the last year, and the exact termination date. For an accurate calculation of your case, consult your accountant or a labor lawyer.
Does XNómina replace my accountant or legal advisor?
No. XNómina is a management tool that gives you the data and documents in order; it does not replace your firm's accounting or legal advice.

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Build the final settlement with your data in order.

XNómina keeps the best salary, seniority and each period's items on hand for the day someone leaves.